Ir to become prime mover of economy once again2 resource mobilization for higher investments3. Decongestion of heavy haul routes and speeding up of trains. Gross domestic product gdp growth of india for 201516 projected between 88. Project execution 2015 16 assured funding through lic. Central railway budget will be submitted in parliament on february 25, 2016 by railway minister suresh prabhu. Railways to become prime mover of indian economy, five years action plan proposed. Gross traffic receipts are expected to increase by 15% to rs 1,83,578 crore in 201516 on account of the hike in freight rates and falling fuel prices. Highlights of railway budget for 201516 current news. Feb 26, 2015 the highlights of the railway budget 2015 16, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the following link. In 201516, the gross budgetary support from central government decreased by % from a budget estimate of rs 40,000 crore to revised estimates of rs 34,661 crore. This will be followed by a vision2030 document that we intend to bring out later this year. This years budget is focused more on completion of ongoing projects than launching of new ones. Suresh prabhu, presented the railways budget 201516 to parliament on february 26, 2015.
Objectives to show the challenges before ir this status paper first in the series, second is the budget, third a vision 2030 document the indian railways market share in freight movement which was once 90 per cent has come down to nearly 35 per cent. No hike in railway passenger fares highlights of rail. Union budget 201516 india, indian union budget 201516. Reminiscent of the previous budget, the emphasis was on transforming the indian railways ir as an organisation by proposing to separate policy and operational functions of the railway board.
The budget was presented by the railway minister suresh prabhu in the parliament on 26 february 2015. Railway budget of india was the annual financial statement of the stateowned indian railways, which handles rail transport in india. Feb 28, 2015 salient features of the railway budget for the year of 2015 16 is presented in a nutshell. Salient features of the railway budget for the year of 2015 16 is presented in a nutshell. Highlights of the railway budget 201617 theme of the budget. Union railway minister suresh prabhu on 26 february 2015 presented the railway budget 201516 in the parliament. Ir to become prime mover of economy once again 2 resource mobilization for higher investments 3. Watch highlights of pm modis railway budget 201516 on india tvs special program.
Secondly, the total freight subsidy of passenger fares. Railway minister suresh prabhu presented his second railway budget in the lok sabha in new delhi on february 25, 2016. Budget 2015 live budget coverage online, union budget 201516, key points and highlights of india budget 2015, income tax slab. Expansion of rail capacity is one of the highlights of the 2015 15 railway budget, presented in parliament today by the minister of railways, suresh prabhu. The budget primarily focused on improving passenger amenities by providing 11. The key highlights of the budget were in line with honorable prime minister narendra modis projects including swachch bharat abhiyan, make in india, and digital india. A large number of stations in east and central up qualify to get free wifi facility as per the announcement made by the railway minister.
Highlights of the indian railway budget 201516 objectivebooks. Union budget 201819 live updates highlights pdf download. Most of this capex will be dedicated to capacity creation. In his address, he assessed the performance of railways in 201415 and laid out his budget proposals for 201516.
Train fares have been kept unchanged this time as well. Rail safety fund with the corpus of rs 100,000 crore will be created over a period of five years. Stay on the times of india for live updates, latest news and headlines from suresh prabhus maiden railway budget 2015 16. Budget 2015 live india budget news, union budget 201516.
Railway budget 201718 highlights and pdf file railway budget 2017 pdf download. Here are the highlights of the rail budget 2015 you can download pdf version of the same from here there is no increase in passsenger rail fares. Check out the latest updates by clicking the below links and update yourself. Railway fares no new hike in passenger fares while, the freight fares have been raised incase of urea by 10%, iron and steel by 0. The union budget for 201516 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. The second part is todays budget for the year 201516.
Highlights of union budget 2015 internet desk february 28, 2015 12. Ecatering to be introduced in 108 trains and can be ordered on irctc official website. Indian railway budget 201516, rail budget highlights, pdf. The budget looked somewhat peoplefriendly as there was no hike in the passenger fare and freight rates despite the fact that the department has been facing a revenue crisis. Railways in 201516 and laid out his budget proposals for 201617. Union budget 201516 national portal of india government of india. Union railway minister of modi government presented their railway budget today. Gross domestic product gdp growth of india for 2015 16 projected between 88. Mookerjee director general national academy of indian railways. Following are the highlights of the railway budget 201516. Detailed analysis prs legislative research march 2, 2016 2 this investment every year, known as dividend. Rail budget 201516 highlights pdf download gr8ambitionz.
Following are the highlights of the railway budget 201516 presented by railway minister, suresh prabhu. Highlights of rail budget 201516 rail minister suresh prabhu proposes ppp cooperation for endtoend logistics management at select stations. Modi government on 21 september 2016 approved merger of. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf central railway budget will be submitted. Mar 02, 2015 union railway minister of modi government presented their railway budget today. The key highlights of union budget 202021 are as follows. The railway minister suresh prabhu declared a record investment plan over 1 lakh crore in the year 201516. Users can find all relevant documents related to the indian rail budget 201516. The union budget for 2015 16 has been announced by mr arun jaitley, union minister for finance, government of india, in parliament on february 28, 2015. Feb 25, 2015 green berets ultralight bug out bag with gear recommendations duration. In the railway budget, in every year railway budget submission many rail projects were announced, all projects are not come into operation implementation. This is the first full budget for nda government after coming into power.
Entire description of railway budget has been described in details. Railway budgets 2015 16 highlights following are some of the salient features of the 2015 16 railway budget presented by suresh prabhu. Suresh prabhu on the back of a few apparent expectations. Railway budget for 201516 23 million people travel in trains every day 1. Taxfree bonds for projects in rail road and irrigation 3. It was presented every year by the minister of railways, representing the ministry of railways, in the parliament the railway budget was presented every year, a few days before the union budget, till 2016. The rail budget for 201516 has proposed a plan out lay of rs 1,00,011 crore, over one and a half times the outlay of rs 65,798 crore in the revised estimates for the current fiscal.
The indian railway budget 201516 has announced that the indian railways envisages investment of rs 8. The railway budget for 201516 union minister of railways suresh prabhu presented the railway budget 201516 on 26 february 2015, which was the first full railway budget of the bjp modi government. Following are highlights of the railway budget for 201516 fares, freight emphasis on gauge conversion over next 5 yrs must run fast trains like rajdhani, shatabdi to up track length by 20% to 8,000 km next 5 years must substantially regain freight mkt share no hike in passenger fares hygiene boost to have professional agencies for railways cleaning ensuring higher standards of. Gross domestic product gdp growth of india for 201516 projected between 8. Highlights of railway budget for 201516 following are highlights of the railway budget for 201516 aprmar, presented by railway minister suresh prabhu in parliament today. If you like this, then please share it with your friends. Indian railway budget 201516, rail budget highlights, pdf, india. Ramesh, senior jgsirtsa no increase in passenger fare no new trains announced.
No hike in passenger fares no new trains announced freight rate for cement, coal, others hiked by up to 10% dec 28, 2018 finance minister arun jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. Union budget 201516 india, indian union budget 201516, pdf. Alert on mobiles through sms, customer portal promoting digital india campaign. Highlights of the railway budget 201617 pdf version bankexamstoday. Title the presentation is an exemplary outcome of the research conducted by the group over the enterprise application aspects covered in the indian railway budget 201516 presented by railway minister mr. The railway budget speech, the highlights of the railway budget and the white paper on indian railways can be accessed through the following links. Fares, freight emphasis on gauge conversion over next 5 yrs must run fast trains like rajdhani, shatabdi to up track length by 20% to 8,000 km.
Topics covered overview of indian railway budget highlights. No hike in railway passenger fares highlights of rail budget 2015. The budget 202021 will be presented by finance minister nirmala sitaraman. The indian railway budget 2015 16 has announced that the indian railways envisages investment of rs 8. Highlights of the railway budget 201617 are given below. Budget estimates 201516 details in appendix in 201516, the railways surplus is expected to increase by 96% to rs 14,266 crore thereby decreasing the operating ratio to 88.
As per the railway budget 2015 16, there shall be no increase in the passengers fares. Railway budget 2017 highlights, union budget 2017, railway. Railway budget of india railway budget highlights 201617. While, the freight fares have been raised incase of urea by 10%, iron and steel by 0. The proposals contained in this budget should, therefore, be seen as the beginning of a five year action plan to transform the railways. You can find documents of rail budget highlights, speech of the minister, and other relevant documents of the budget.
Ir to become prime mover of economy once again 2 resource mobilization for higher. Budget proposals to mark beginning of a five year action plan to transform the railways. Union budget 202021 india date and time, timings, income tax slab rate expectations. Jan 24, 2018 following are the highlights of the railway budget 2015 16. Tanzania budget highlights and quick tax guide 2015 diving deep. Railway budget of 201516 free download as powerpoint presentation. Action initiated on 9 budget announcements of 2015 16. Highlights of the railway budget 201617 pdf version.
Entire description of railway budget has been described in. Here are some of the highlights of the rail budget 2015. Here are the highlights of the budget presented in the parliament. Water the new 201516 budget highlights two critical areas that will continue to be the focus in the. Union finance minister arun jaitley announced the following highlights in the rail budget. No hike in passenger fares no new trains announced freight rate for cement, coal, others hiked by up to 10% railway minister suresh prabhu on 26 february 2015 presented the railway budget 201516 in the parliament. Mumbai following are highlights of the railway budget for 201516 aprmar, presented by railway minister suresh prabhu in parliament today fares, freight emphasis on gauge conversion over next 5 yrs must run fast trains like rajdhani, shatabdi. Finance minister arun jaitley announced a budget aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit.
Railway budget 2018 live rail budget 201819 highlights. Railway budget of 2015 16 free download as powerpoint presentation. Union budget 20152016 english hindi urdu pdf download see union budget 20152016 english hindi urdu pdf download union finance minister arun jaitley has introduced union budget 2015 today at lok sabha. Expansion of rail capacity is one of the highlights of the 201515 railway budget, presented in parliament today by the minister of railways, suresh prabhu. Get latest updates on live budget news, budget 2014 date, budget highlights, and indian railway budget, income tax. Top 30 highlights of railway budget 201516 education today. This document has been updated with details of the announcements and other key features of the rail budget. Presenting his maiden rail budget, railway minister suresh prabhu on thursday announced that there will be no increase in passenger fares for the fiscal 201516. Here are the key rail budget highlights you must have a look at.
The highlights of the railway budget 201516, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the following link. Railway facilities have not improved very substantially over the past few decades. The top 15 highlights of the railway budget 2015 16 are. Railway budget 2015 highlights the key themes of the budget were in line with prime minister narendra modis initiatives swachch bharat mission, make in india and digital india. Download railway budget 201819 pdf hindi, english, watch railway budget 2018 live suresh prabhu speech telecast tv channels dd national, dd news date, time railway budget 201819 highlights in tamil, telugu, kannada, malayalam, bengali, marathi, and urdu language. Key features of budget 2015 2016 274 kb pdf file that opens in a. Here are the highlights of railway budget 2015 presented by railways minister suresh prabhu. Union budget documents railway budget speech 201516 pdf 371 kb. Highlights of the railway budget for 201516 enrichwise. Firstly there was the expectation of a rail fare hike, as the railway budget was already under strain.
A fundamental reason for this is the chronic underinvestment in railways, which has led to congestion and overutilization. The budget aims at improving healthcare through measures such as purchase of medicines, prevention of epidemics, vaccination of children, and construction of clinics. Railway budget highlights 201617 union minister of railways suresh prabhu announced his second railway budget in the parliament on 25 february 2016. The highlights of the railway budget 201516, as provided by the ministry of railways, can be accessed as a pdf 296 kb through the. In addition a new rating strategy featuring differential rates will raise an additional 0. Railway budgets 201516 highlights following are some of the salient features of the 201516 railway budget presented by suresh prabhu. Watch union budget 2018 live union budget 1819, download india budget 201819 pdf. Now, since the budget has finally be presented, lets have a look on what nda governments first railway budget for the fiscal year 201516 has brought for us. Here are the highlights of jaitleys budget for the fiscal year that begins on april 1.
Highlights of railway budget for 201516 cogencis, thursday, feb 26. He also said that the government will improve capacity on high density network in the next five years. Railway budget 2015 s mookerjee dg nair rail transport. Rail budget 2015 live update and railway budget highlights. Hope you like this union budget 20182019 live updates, live streaming, highlights, pdf file free download, 2018 railway budget and pdf file. Expansion of rail capacity is one of the highlights of the 201515 railway budget, presented in parliament today by the minister of railways.
The budget looked somewhat peoplefriendly as there was no hike in the passenger fare and freight rates despite the fact that the department has. Highlights of railway budget for 201516 invest allign. Rail budget seeks resource mobilization for higher. Railway budget 2015 highlights telangana state info. Users can find all relevant documents related to the indian rail budget 2015 16. Railway budget 201516 highlights the hindu businessline. Union minister of railways suresh prabhu presented the railway budget 2015 16 on 26 february 2015, which was the first full railway budget of the bjp modi government. Page 1 of 3 highlights of railway budget 201516 compiled by k.
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